Bankruptcy protection

A Las Vegas Strip resort has filed for Chapter 11 bankruptcy

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A Las Vegas Strip resort has filed for Chapter 11 bankruptcy

Bankruptcy filings are not a common occurrence for casinos and businesses on the Las Vegas Strip. The last significant bankruptcy on the Strip occurred more than 10 years ago in 2015. in January, when Caesars Entertainment, then owned by Apollo Global Management and TPG Capital, filed for Chapter 11 to wipe out about $16 billion. … Read more

The semiconductor company goes bankrupt and presses Chinese competitors

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The semiconductor company goes bankrupt and presses Chinese competitors

The semiconductor company is bankrupt as the pressure of Chinese competitors initially appeared in TheStret. The once popular Japanese particle manufacturer collapsed due to increasing debt, slowed down electric cars (EV) sales and supply from Chinese competitors. Last week, the company applied for bankruptcy, less than three years after its widely announced launch in 2022. … Read more